I’ve been writing about this for a while; here is the official announcement, plus a way for you to join the MISMO Commercial Operating Statements and Rent Rolls listserv. Do it now!
https://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.png00jimflahertyhttps://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.pngjimflaherty2009-03-28 21:02:582020-09-16 21:04:27Commercial MISMO Kicks Off New Workgroup for Rent Rolls and Operating Statements
As MISMO’s liaison to the CMSA, I have spent the past few weeks calling around to contacts at Lenders, Rating Agencies, Servicers and Investors, to see what each firm’s position is on IRP 6. Other than the servicers, most firms I spoke with did not know the specific issues with IRP 6 and had no […]
https://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.png00jimflahertyhttps://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.pngjimflaherty2009-03-19 21:24:052020-09-16 21:25:06CMSA IRP Committee Seeks Feedback on XML Standard
As MISMO’s liaison to the CMSA to support the adoption of IRP 6 as the new reporting standard for CMBS, I have an inside perspective on the prospects of this standard being adopted. The official comment period for IRP 6 ended on February 20 and the CMSA only received a handful of comments (around 5) […]
Not much glamour around CMBS.com the last few weeks. We’ve been working hard “clearing” deals to add to our CMBS library. To clear a deal, we must tie out the loans from the setup file with the loans being reported on the Trustee IRPs. This is a slow, labor-intensive process. Once we tie these loans out, […]
https://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.png00jimflahertyhttps://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.pngjimflaherty2009-02-28 21:46:022020-09-16 21:48:46No Line on the Horizon
I just returned from the MBA’s annual Commercial Real Estate Finance (CREF) conference in San Diego. While we were there, the government announced $100 billion from the new bailout plan would be used to provide leverage to investors in AAA CMBS. Most people at the conference were excited. Personally, while I welcome government leadership on […]
https://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.png00jimflahertyhttps://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.pngjimflaherty2009-02-12 21:49:132020-09-16 21:50:12Keep the $100 Billion. I think $20 million will do the trick
I became such a Metallica groupie last week that my friends are calling me Penny Lane, the “Band Aid” groupie character played by Kate Hudson in the movie Almost Famous. They accuse me of having a “man” crush on Lars — Ahh, jealousy does not wear well on them. Where to find the best shows […]
https://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.png00jimflahertyhttps://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.pngjimflaherty2009-02-04 21:52:042020-09-16 21:54:01Rocking with Metallica part 2: That is Mr. Penny Lane to you sir
Today John Courson of the MBA held a conference call with the residential and commercial leadership of MISMO to let us know that MERS, Mortgage Electronic Registry System, has taken over management of MISMO (See news release below). MERS was created by the industry (the MBA has an ownership stake in MERS) to facilitate the electronic […]
https://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.png00jimflahertyhttps://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.pngjimflaherty2009-02-04 21:50:292020-09-16 21:51:44MERS takes over management of MISMO from the MBA
I have been looking forward to this week for months. Metallica is finishing up their North American Tour in support of their Grammy nominated new album Death Magnetic with shows in Chicago and New York. I am friends with drummer Lars Ulrich, so I have the privilege of getting great seats and passes to their […]
https://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.png00jimflahertyhttps://www.cmbs.com/wp-content/uploads/2019/03/cmbslogo030619.pngjimflaherty2009-01-28 00:00:182020-09-17 00:02:31On the road with Metallica
Attending the inauguration of our 44th President made me feel inspired and hopeful. My wife and I went as guests of the MBA’s political action committee (MORPAC) — and we felt like we witnessed history. The group we were with consisted of both democrats and republicans (and at least one libertarian) but all were moved […]
Commercial MISMO Kicks Off New Workgroup for Rent Rolls and Operating Statements
/0 Comments/in Industry news, Industry standards /by jimflahertyI’ve been writing about this for a while; here is the official announcement, plus a way for you to join the MISMO Commercial Operating Statements and Rent Rolls listserv. Do it now!
Support IRP 6 – Send this email!
/0 Comments/in Industry standards /by jimflahertyAs MISMO’s liaison to the CMSA, I have spent the past few weeks calling around to contacts at Lenders, Rating Agencies, Servicers and Investors, to see what each firm’s position is on IRP 6. Other than the servicers, most firms I spoke with did not know the specific issues with IRP 6 and had no […]
CMSA IRP Committee Seeks Feedback on XML Standard
/0 Comments/in Industry news /by jimflahertyAs released today by the CMSA:
IRP 6 Needs Support! – Send an email to irp@cmsaglobal.org
/0 Comments/in Industry standards /by jimflahertyAs MISMO’s liaison to the CMSA to support the adoption of IRP 6 as the new reporting standard for CMBS, I have an inside perspective on the prospects of this standard being adopted. The official comment period for IRP 6 ended on February 20 and the CMSA only received a handful of comments (around 5) […]
No Line on the Horizon
/0 Comments/in What's going on /by jimflahertyNot much glamour around CMBS.com the last few weeks. We’ve been working hard “clearing” deals to add to our CMBS library. To clear a deal, we must tie out the loans from the setup file with the loans being reported on the Trustee IRPs. This is a slow, labor-intensive process. Once we tie these loans out, […]
Keep the $100 Billion. I think $20 million will do the trick
/0 Comments/in Industry news, Industry standards /by jimflahertyI just returned from the MBA’s annual Commercial Real Estate Finance (CREF) conference in San Diego. While we were there, the government announced $100 billion from the new bailout plan would be used to provide leverage to investors in AAA CMBS. Most people at the conference were excited. Personally, while I welcome government leadership on […]
Rocking with Metallica part 2: That is Mr. Penny Lane to you sir
/0 Comments/in What's going on /by jimflahertyI became such a Metallica groupie last week that my friends are calling me Penny Lane, the “Band Aid” groupie character played by Kate Hudson in the movie Almost Famous. They accuse me of having a “man” crush on Lars — Ahh, jealousy does not wear well on them. Where to find the best shows […]
MERS takes over management of MISMO from the MBA
/0 Comments/in Industry news, Industry standards /by jimflahertyToday John Courson of the MBA held a conference call with the residential and commercial leadership of MISMO to let us know that MERS, Mortgage Electronic Registry System, has taken over management of MISMO (See news release below). MERS was created by the industry (the MBA has an ownership stake in MERS) to facilitate the electronic […]
On the road with Metallica
/0 Comments/in What's going on /by jimflahertyI have been looking forward to this week for months. Metallica is finishing up their North American Tour in support of their Grammy nominated new album Death Magnetic with shows in Chicago and New York. I am friends with drummer Lars Ulrich, so I have the privilege of getting great seats and passes to their […]
OBAMA!
/0 Comments/in What's going on /by jimflahertyAttending the inauguration of our 44th President made me feel inspired and hopeful. My wife and I went as guests of the MBA’s political action committee (MORPAC) — and we felt like we witnessed history. The group we were with consisted of both democrats and republicans (and at least one libertarian) but all were moved […]